Digital Lava Elects Michael Wheeler to Its Board of Directors.Business Editors MARINA DEL REY Del Rey may refer to:
Digital Lava Inc. (AMEX AMEX See: American Stock Exchange :DGV DGV Doppler Global Velocimetry DGV Direção Geral de Viação ), a leading communications application services See ASP and Web services. provider of streaming media See streaming audio, streaming video and digital media hub. solutions for the business-to-business market, announced that Michael Wheeler, managing director of e2enet, has been named to its board of directors. Commenting upon his appointment, Wheeler stated, "Digital Lava's area of focus -- streaming media technology for the business-to-business market -- represents one of the next great growth phases on the Internet. It will be a privilege to work with Bob Greene and the talented team he's assembled at Digital Lava." Wheeler, a visionary and veteran of the streaming media industry, joined e2enet in July of 1999 as a managing director. Wheeler is also vice chairman of the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of New Media Association, the world's largest Internet trade association. "I have known Mike for many years and have always valued his insights," said Greene, chief executive officer of Digital Lava. "He is one of the few true industry pioneers. His unique vision and expertise will make a nice complement to our existing board of directors and I look forward to working with him again." Greene added, "Mike's experience and relationships in the streaming and financial industries will be invaluable to Digital Lava as we continue to expand our business." Prior to joining e2enet, Wheeler was the founder and president of CNBC/Dow Jones Business Video, the first Internet site to stream audio and video content. Under his direction, CNBC/Dow Jones Business Video jumped to its leadership position and is currently distributed on more than 30 financial Web sites throughout the world. Wheeler spent the years of 1991 through 1996 as senior vice president and general manager of NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. New Media. Previous career positions included president of Financial News Network and three years as senior vice president of national sales and Southeast regional director for Showtime. Wheeler began his career in journalism. About Digital Lava Digital Lava is a communications Application Services Provider (ASP) that offers rich mixed-media software applications that seamlessly link digital video and audio content with a variety of other formats such as text, graphics, animation and Web links. The company's robust in-house service offering provides a turnkey solution that delivers rich media quickly and efficiently. These solutions provide end-users with a fully integrated and interactive experience on their computer desktops delivered via the Internet, intranet, extranet, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. , CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). or any combination. Digital Lava's business-to-business solutions are employed by Fortune 1000 companies in corporate communications, sales, marketing and training applications. Digital Lava's partners and clients include Microsoft, InterVu, RealNetworks, Cisco Systems, Dell Computers, Hewlett-Packard, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen , Prudential Insurance, Lotus Development Corp., Shell Chemical and Zurich-American Insurance. Digital Lava has headquarters in Marina del Rey. For additional information, visit Digital Lava's Web site at http://www.digitallava.com or call 888/222-LAVA. This news release contains forward-looking statements concerning the business and products of the company. Actual results may differ from those projected or implied by such forward-looking statements depending on a number of risks and uncertainties, including, but not limited to, the following: development, shipment and market acceptance. Other risks inherent in the business of the company are described in Securities and Exchange Commission filings, including the company prospectus on Form SB-2. The company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release. |
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